APL Apollo Tubes Limited

NSEI:APLAPOLLO Stock Report

Mkt Cap: ₹333.2b

We’ve recently updated our valuation analysis.

APL Apollo Tubes Valuation

Is APLAPOLLO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for APLAPOLLO?

Other financial metrics that can be useful for relative valuation.

APLAPOLLO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA33.1x
PEG Ratio2.2x

Price to Earnings Ratio vs Peers

How does APLAPOLLO's PE Ratio compare to its peers?

The above table shows the PE ratio for APLAPOLLO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.7x
526371 NMDC
5.7x-4.0%₹318.3b
SAIL Steel Authority of India
16x37.5%₹347.2b
JSL Jindal Stainless
12.3x23.7%₹259.7b
JINDALSTEL Jindal Steel & Power
16.9x32.2%₹532.8b
APLAPOLLO APL Apollo Tubes
51.9x23.6%₹333.2b

Price-To-Earnings vs Peers: APLAPOLLO is expensive based on its Price-To-Earnings Ratio (51.9x) compared to the peer average (12.7x).

Price to Earnings Ratio vs Industry

How does APLAPOLLO's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.0%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.0%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: APLAPOLLO is expensive based on its Price-To-Earnings Ratio (51.9x) compared to the Indian Metals and Mining industry average (15.3x)

Price to Earnings Ratio vs Fair Ratio

What is APLAPOLLO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

APLAPOLLO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.9x
Fair PE Ratio28.9x

Price-To-Earnings vs Fair Ratio: APLAPOLLO is expensive based on its Price-To-Earnings Ratio (51.9x) compared to the estimated Fair Price-To-Earnings Ratio (28.9x).

Share Price vs Fair Value

What is the Fair Price of APLAPOLLO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: APLAPOLLO (₹1201.25) is trading above our estimate of fair value (₹400.09)

Significantly Below Fair Value: APLAPOLLO is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst APLAPOLLO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,201.25
₹1,350.75
+12.4%
14.0%₹1,653.00₹836.00n/a12
Jun ’24₹1,142.85
₹1,350.75
+18.2%
14.0%₹1,653.00₹836.00n/a12
May ’24₹1,195.05
₹1,289.67
+7.9%
13.7%₹1,484.00₹781.00n/a12
Apr ’24₹1,205.35
₹1,285.50
+6.6%
13.5%₹1,484.00₹781.00n/a12
Mar ’24₹1,260.45
₹1,285.50
+2.0%
13.5%₹1,484.00₹781.00n/a12
Feb ’24₹1,149.10
₹1,165.77
+1.5%
13.4%₹1,400.00₹781.00n/a13
Jan ’24₹1,092.00
₹1,135.33
+4.0%
12.1%₹1,340.00₹781.00n/a12
Dec ’23₹1,132.55
₹1,125.00
-0.7%
13.0%₹1,340.00₹781.00n/a12
Nov ’23₹1,084.35
₹1,079.15
-0.5%
11.4%₹1,330.00₹781.00n/a13
Oct ’23₹1,038.05
₹1,068.38
+2.9%
9.9%₹1,190.00₹781.00n/a13
Sep ’23₹1,028.05
₹1,068.38
+3.9%
9.9%₹1,190.00₹781.00n/a13
Aug ’23₹985.70
₹1,068.38
+8.4%
9.9%₹1,190.00₹781.00n/a13
Jul ’23₹846.25
₹1,072.75
+26.8%
11.2%₹1,270.00₹781.00n/a12
Jun ’23₹985.30
₹1,066.45
+8.2%
11.9%₹1,270.00₹781.00₹1,142.8511
May ’23₹1,023.30
₹1,072.00
+4.8%
12.1%₹1,272.00₹781.00₹1,195.0511
Apr ’23₹941.35
₹1,065.45
+13.2%
11.4%₹1,222.00₹781.00₹1,205.3511
Mar ’23₹850.20
₹1,042.88
+22.7%
13.5%₹1,222.00₹704.00₹1,260.4512
Feb ’23₹872.10
₹1,042.88
+19.6%
13.5%₹1,222.00₹704.00₹1,149.1012
Jan ’23₹999.80
₹1,042.68
+4.3%
14.7%₹1,222.00₹675.00₹1,092.0011
Dec ’22₹921.95
₹1,013.46
+9.9%
12.7%₹1,162.00₹675.00₹1,132.5512
Nov ’22₹831.75
₹1,015.88
+22.1%
12.1%₹1,162.00₹704.00₹1,084.3512
Oct ’22₹848.85
₹893.65
+5.3%
16.3%₹1,050.00₹627.50₹1,038.0510
Sep ’22₹838.38
₹878.22
+4.8%
16.6%₹1,050.00₹627.50₹1,028.059
Aug ’22₹873.05
₹741.50
-15.1%
14.5%₹1,000.00₹627.50₹985.709
Jul ’22₹821.30
₹720.44
-12.3%
8.5%₹803.00₹627.50₹846.258
Jun ’22₹648.70
₹648.88
+0.03%
8.6%₹727.50₹574.50₹985.304

Analyst Forecast: Target price is less than 20% higher than the current share price.

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